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Investment Highlights

  • Utilities available at road frontage
  • On the fringe of UGB

Executive Summary

10.13-acre EFU-zoned parcel situated just outside the Urban Growth Boundary along the NW Germantown Road corridor, right outside the Bethany neighborhood. Utilities are available at the road frontage. For the investor, this parcel offers an attractive covered land play if you were to farm part of the property or harvest timber. Historically, EFU properties on the UGB fringe are among the first considered during Metro's boundary expansion evaluations. Hold the land in agricultural use near-term while positioning for significant upside if and when the parcel is brought into the UGB. Or, farm the land, meet the EFU farm dwelling permit requirements and apply for a farm dwelling permit and build your dream home on an expansive 10 acre estate

Attachments

Offer Memorandum

Property Facts

Price $507,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Agricultural
Total Lot Size 10.13 AC
Zoning EFU

1 Lot Available

Lot 500

Price $507,000
Price Per AC $50,049.36
Lot Size 10.13 AC

sloped

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 39854578

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: NW Germantown Rd, Portland, OR 97231

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